Word: paz
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...months ago a German torpedo blew the stern off the South America-bound freighter La Paz, 40 miles off the Florida coast. Last week the 10,000-ton La Paz was tied up in Jacksonville waiting for repairs that would send her back to war. It was all thanks to William Radford Lovett, a 51-year-old Jacksonville businessman who now says he wishes he had minded his own business in the first place-despite the fact that both he and the war effort will be the richer for his meddling...
Billy Lovett stopped minding his own business after one of his Suwanee Fruit & Steamship Co.'s three freighters (outmoded World War I destroyers which he converted into banana ships) happened upon the stricken La Paz, towed her toward shore. A mile and a half off Cocoa, Fla. she sank in the mud and Government engineers despaired of salvaging her. But Lovett, with a $500,000 salvage claim against her owner, decided to heed the call of "patriotism and profit." At the U.S. marshal's sale, he bought her (for $10,000), set out to float her again...
Finally, a lot more headaches and $250,000 later, the La Paz bobbed up again-and stayed afloat. Much of her juicy cargo turned out to be intact, including $50,000 worth of Johnnie Walker Black Label
...ornate Paz family crypt in Buenos Aires' comfortable La Recoleta cemetery, honors came thick last week to the late José Clemente Paz, founder of Argentina's La Prensa. The Argentine Government issued a special commemorative postage stamp. Nationwide collections were taken to erect a monument. U.S. Secretary of State Cordell Hull sent a laudatory cable, as did many another foreign notable. It was the 100th anniversary of the birth of Argentina's most famous journalist...
South American journalism is more hazardous than the North American brand. La Prensa's publisher and principal owner, Ezequiel Pedro Paz, Don José's son, has twice been challenged to a duel. Because he is a crack pistol shot, neither duel was fought. Now over 70, Don Ezequiel shows up at the paper punctually at 5 p.m. for the daily editorial conference with Editor-in-Chief Dr. Rodolfo N. Luque. Present also is his nephew and heir-apparent, handsome Alberto Gainza ("Tito") Paz, 43, father of eight and ex-Argentine open golf champion. Significantly, La Prensa...